In UAE, French finance minister warns of climate action cost

In UAE, French finance minister warns of climate action cost

Just over a week after some 200 nations struck an agreement aimed at intensifying global efforts to fight climate change, the finance minister of France has warned that the cost of the energy transition will be “much higher than expected.”

“We should never underestimate the price of the climate transition,” Bruno Le Maire told reporters in Abu Dhabi, the oil-rich capital of the United Arab Emirates.

Reveling in France’s strong economic rebound from the devastation of the pandemic, Le Maire was in the Gulf Arab sheikhdom to discuss joint investments in a wide range of fields, from port infrastructure to hydrogen fuel and renewable energy.

The UAE has publicly pledged to have net zero carbon emissions by 2050, among a list of countries that made the long-range, still-vague commitment before the climate summit in Glasgow opened earlier this month. Even as the country with the region’s first nuclear power plant tries to position itself as a leader on environmental issues, the hydrocarbon-rich UAE’s economy feeds on petrodollars.

Le Maire noted the challenges facing industrialized economies if they shift away from the cheap fuel pumped out of the Persian Gulf toward renewable energy sources.

“We don’t want the people with the lowest income to pay for the climate transition,” he said, acknowledging lessons learned from the carbon tax aimed at encouraging alternative energy use that sparked France’s mass so-called Yellow Vest protest movement in 2018.

To help bridge the energy transition, Le Maire stressed the need to fund new energy technologies, adding that France’s “faster cooperation” with the UAE in the field “is of the highest value.”

The UAE and France have become increasingly aligned in recent years, sharing a mistrust of political Islam across the Middle East. Major French aviation and defense companies have powered growth in the emirates, home to over 30,000 French citizens. Le Maire on Sunday toured Abu Dhabi’s outpost of the Louvre, which draws visitors to artifacts on loan from the Paris museum.

Le Maire, a close partner of President Emmanuel Macron who’s now gearing up for a re-election campaign, touted France’s mass vaccinations that he said fueled the economy’s expected 6.25{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} growth rate for the year.

“We are not in the position of other European countries,” he said, as Austria lurches into lockdown to stem its worst wave of coronavirus infections.

“(Lockdowns) have a very negative impact on the economy and that’s the exactly the kind of situation we want to avoid.”

Coterie Insurance Partners with B2Z Insurance for a Seamless Small Business Liability Insurance Experience | News

Coterie Insurance Partners with B2Z Insurance for a Seamless Small Business Liability Insurance Experience | News

CINCINNATI, Nov. 20, 2021 /PRNewswire-PRWeb/ — Coterie Insurance recently announced a new partnership with B2Z Insurance—a small business insurance company offering an experience-led and human-centric platform—to introduce their one-stop-shop aimed at simplifying the small business liability insurance experience. Now, small business owners can directly access Coterie Insurance products on the B2Z platform, further expanding simplified digital insurance offerings to small businesses.

“B2Z and Coterie share the vision of providing a seamless small business liability insurance experience for small businesses, with digital options available at the user’s convenience,” said Ashleigh Burden, Account Director at Coterie Insurance. “Unlike traditional insurance companies, both Coterie and B2Z are committed to turning the insurance process on its head with a focus on what’s best for the small businesses of today.”

Coterie Insurance integrates with B2Z to provide tailored small business liability insurance coverage for small businesses. Small businesses can access Coterie’s general liability and business owners policies on the B2Z platform as well as all optional coverages.

“B2Z is very excited to partner with Coterie. Their business insurance expertise is an important part of our growth strategy and ultimately helps us reach more small businesses in need of coverage,” said B2Z Insurance Chief Growth Officer and founder James Norris.

“With the increase in new business applications and office reopenings, matching business owners with the right insurance coverage has skyrocketed in importance. This partnership combines Coterie’s exceptional coverage with B2Z’s best-in-class customer experience—to the benefit of small business owners,” said Norris.

For more information on Coterie and the digital transformation of small business insurance, go to http://www.coterieinsurance.com.

About Coterie Insurance

Coterie Insurance is on a mission to make business insurance easy. Through tech-based business insurance solutions, Coterie Insurance delivers simpler coverage, more accurate pricing, and a streamlined experience. By enabling the instant quoting and issuing of policies as well as a 100{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} digital underwriting process, agents and brokers can simplify and digitize their operations to better serve small businesses. Digital insurance platforms are able to leverage Coterie’s simple, easy to integrate APIs, to further streamline the quoting and binding experience. Coterie’s expansive appetite is the most inclusive for the small businesses of today.

About B2Z Insurance

B2Z is a small business insurance company that provides coverage for on-the-go business owners: simple explanations, digital purchasing, and mobile claims. A product that is easy-to-use and helps you assess the unique coverage needs of your business with confidence—freeing you up to grow your business. You know your business, but we know how to protect it. Whether you work in retail, real estate or some other market, B2Z has the coverage you need to protect your employees and your business. For more information on B2Z Insurance, or to get a quote for your small business, visit https://www.b2z-insurance.com.

Media Contact

Stephanie N. Blahut, CMO, B2Z Insurance, +1 800-330-1750, marketing@b2z-insurance.com

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SOURCE B2Z Insurance

The Great Resignation story is “not a choice that most American workers can have”

The Great Resignation story is “not a choice that most American workers can have”

There is a story developing in the labor market, which has marked a significant shift in who is participating amid the ongoing pandemic. 

Among the many stories are resignations, for various reasons, and the struggle to fill more labor-intensive jobs. It has resulted in an unprecedented demand for more highly-skilled, remote jobs, and those willing to work in lower-wage jobs are being paid significantly more than those who previously held the positions.

ZipRecruiter chief economist Julia Pollak told Yahoo Finance that low wage workers are in a stronger position than ever before to demand higher wages.

At the start of the pandemic, 80{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} of the jobs that were lost were from the lowest quarter of income distribution. As a result, those who now work in those jobs are earning more.

“Wage growth is actually fastest for workers at the bottom. And some groups of workers that typically really struggle, like teenagers, especially Black male teenagers, actually have lower unemployment rates than they have historically, typically. So, very puzzling, unusual situation,” Pollak said.

But a disparity still exists. The unemployment rate now is 4.0{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} for whites and 7.9{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} for Blacks, according to Pollak.

So what does that mean for the future? Jain Family Institute Senior Fellow Claudia Sahm told Yahoo Finance said it remains to be seen, as more and more statistics and data are coming in.

“We really, really have to look under the hood, understand different peoples’ experiences,” Sahm said.

She noted that in the story of a shifting labor market, there is a clear disparity in where jobs are and where people are going — but there’s more to the story.

“I’ve been very critical of the ‘Great Resignation’ story, in the sense of the pandemic has had people step back and rethink their lives, and now they’re going to work less, or pursue some other passion. The reality is, the ‘rethinking our lives,’ is a privilege and something that professional workers, higher income workers, are able to do. And that is, frankly, not a choice that most American workers can have,” Sahm said. 

For those who can seek remote work or better paying skilled jobs, the available jobs don’t match the supply, according to Pollak.

“It is a numbers game. There are certainly areas where there are huge labor shortages, and employers are struggling to find candidates. But there are many other roles … remote jobs, where there are 50, 60, 70,100 applications per posting,” she said.

In fact, 55{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} of job seekers surveyed on ZipRecruiter in November said they would prefer to find a remote job, Pollak said. And a majority of those were women — but for jobs in male-dominated fields like tech.

Whether or not some who left the market return, especially for lower-wage jobs, remains to be seen. 

Follow Anjalee on Twitter @AnjKhem

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Iraq War Veteran Launches Business to Employ Former Soldiers | Michigan News

Iraq War Veteran Launches Business to Employ Former Soldiers | Michigan News

By JENNIFER TIMAR, Livingston Daily

BRIGHTON TOWNSHIP, Mich. (AP) — Iraq War veteran Justin Billard is launching a Brighton Township business that will employ and support his fellow returned soldiers.

Tools for Veterans is housed in a workshop that Billard, 42, set up in his home garage. There, he collects old hand tools, cleans and restores them and sells them online or at local events, the Livingston Daily reports.

He plans to expand the business to a larger workshop in the Brighton area in the next year. He also hopes to fill the shop with veterans who love restoring old tools.

“You want to contribute to something you understand and believe in,” he said. “If you have a connection, you are more passionate.”

Political Cartoons

Billard previously ran a private detective agency. But now with a wife, a 4-year-old daughter and a set of newborn twins, it was time to pivot to a less risky career, he said.

Billard’s new company, Tools of Veterans, will donate a percentage of profits on a quarterly basis to charities that support veterans’ causes with an emphasis on those in Livingston County

He currently employs two veterans and one employee who is not a veteran. He hopes to hire more in the future.

Billard is also working on a series of videos telling veterans’ stories — he describes them as “kitchen table” interviews — which he’ll share on social media.

“I think documenting those stories is important to get the whole picture. What did they do when they returned? Were they married during their service? Some guys have 30 or 40 years of career experience after the service.”

He said he’ll also post instructional videos on tool restoration.

Billard’s favorite tool he’s restored is a bench vise he found at a neighborhood garage sale.

When he found it at the sale, it was covered in grime and rusted. The parts didn’t move at all.

While restoring the vise, he uncovered stamped words on a small plaque on the side of the tool that gave him a clue as to its history.

The plaque indicated that the vise was in the World War II era by the Defense Plant Corp., a government-chartered agency that supported manufacturing during the war.

Today, the Columbian vise is in full working condition and a centerpiece of one of Billard’s workbenches.

Each tool he sells to buyers will come with a thank you note.

“It talks about how the tools have a story and journey and then it becomes a part of their story.”

Other prized restorations in his workshop include a 1930s dye filler that was used by one of the auto manufacturers in Detroit at the time.

He found a late-1800s workbench at a house in Troy. He is restoring it to use once he moves into a larger workshop.

He also acquired and a one-of-a-kind iron American flag made for a retiring Detroit union ironworker in the 1990s.

“These are the interactions I love,” he said. “Hearing stories of the tools.”

Billard said he’s invested about $50,000 in inventory to get the business off the ground.

Tools for Veterans will take donations of old tools that need to be restored.

“We’ll pick up at people’s houses. Maybe they have boxes of their dad’s old tools and they don’t know what to do with them and don’t want to throw them out.”

To start, they’ll plan pick-up days once a week in Livingston County and surrounding communities, including Ann Arbor, Lansing and Metro Detroit.

“Our other goal is to be at farmers markets and partner with existing businesses, like maybe set up in something like a brewery parking lot and do a ‘fill the trailer’ event.”

He said he’s working on getting a trailer and adorning it with business’s logo and other graphics to use for drop-off events.

He’ll sell the restored tools on eBay, Etsy and the Tools for Veterans website, toolsforveterans.com, which launches Veterans Day, Billard said.

“There is a market for this stuff online, especially things that have stories,” he said.

He also plans to sell some tools at events, but the focus will be on spreading word of the business and how to donate tools.

He said he wants to operate as close to “zero waste” as possible. Anything that doesn’t get restored will be sold for scrap.

Billard grew up with a sense of duty to his country. His father and grandfather both served in the military.

“I was going to do college and a career path, but there was always this sense of duty, and I was able-bodied.”

He served in the U.S. Marine Corps. for eight years with a Marine Wing Support Squadron. He was deployed in Iraq from 2004-2005.

He said he witnessed an exchange of cultural experiences when he was overseas.

“We were doing a lot of humanitarian missions,” he said.

He recalls, for instance, standing guard over Iraq’s first free elections.

Billard exited the military in 2006 when he was 28. He started his detective agency when he was living in Boston and started another after moving to Michigan.

He said the charities he plans to support will be local, rather that large agencies and national nonprofits.

“Donating to some of these national organizations, I can’t really see the impact, but I can make a bigger local impact. I like the littler groups that do mental health in the community and not big like the VA.”

He said he’s inspired by the initiative The Empowerment Plan, based in Detroit, which repurposes surplus fabrics from automakers to create coats that convert to sleeping bags for individuals experiencing homelessness.

“If we could buy just 25 of those jackets and they can hand them out, it is a very local, memorable thing we can do.”

He said he is passionate about causes that address mental health counseling, training service dogs for veterans, veteran homelessness and suicide prevention.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The vice mayor of a California city is working three jobs, including one at a local restaurant, to tackle staffing shortages

The vice mayor of a California city is working three jobs, including one at a local restaurant, to tackle staffing shortages
Help wanted sign

The labor shortage carries on to lead to disruption for company owners and clients.Chris Ware/Newsday RM/Getty Photos

  • The vice mayor of Folsom is doing the job at a restaurant to enable control staffing shortages, for every CBS News.

  • Sarah Aquino had currently taken on a 2nd task offering wellbeing and everyday living insurance.

  • She said she required to guide by instance and encourage other individuals to just take up vacant roles.

The vice mayor of Folsom, California, has taken up a 3rd task at a neighborhood cafe in an try to tackle the city’s labor shortage.

Sarah Aquino explained she just lately began her new employment as a hostess and dining area supervisor at Back Bistro, CBS News claimed.

Together with that and her vice mayor responsibilities, she also sells health and fitness and life insurance coverage, the outlet claimed.

“I saw a Fb post that explained they were being desperate for hosts and buspeople,” Aquino instructed CBS MoneyWatch. “I informed them I experienced no cafe expertise, but I am a difficult employee and fast learner, and if you’re willing to employ the service of and practice me, I will dedicate to perform for up to 20 several hours a week for six months.”

“I resolved to guide by illustration,” she said. If people can “get out there and assistance these firms fill these positions, it allows the firms when also aiding the metropolis of Folsom,” she added.

Aquino a short while ago announced a marketing campaign to motivate community retirees, remain-at-property mothers and fathers, and learners to go to function and enable relieve the labor crunch, as Insider’s Mary Hanbury described.

Lots of cafe owners in California are having difficulties to hire or retain workers. In September, a sushi restaurant chain in the condition was pressured to near all 9 areas at the time a week, because of to a absence of qualified employees.

“We have a very good business, our shoppers, but now we have no support,” the owner explained to KCRA at the time.

It can be not just California, both. Restaurateurs from Massachusetts to Arkansas have also been seriously impacted. This is since several employees have quit their careers in search of far better wages, advantages, and functioning circumstances.

The broader retail business is also experiencing disruption connected to worker shortages in the operate-up to Xmas.

Recently, a deficiency of Santa impersonators was described, whilst this was blamed on the actuality that older adult males worry they may contract COVID-19 although performing the position.

According to CBS Sacramento, Back again Bistro are about 10 employees shorter of the place they would like their staffing to be.

For Aquino, she hopes the new campaign will “inspire a several men and women when they see the support required sign.”

Browse the unique article on Business Insider

6 Tips to Maximize Black Friday Savings

6 Tips to Maximize Black Friday Savings

Thanksgiving week is only times absent, which usually means Black Friday will be right here just before you know it. Many people consider advantage of Black Friday offers to preserve cash on getaway items, every day essentials, and domestic items. If you are organizing to go shopping this Black Friday, you may be questioning how you can improve your Black Friday cost savings.

We have some tips that may well aid you retain additional funds in your wallet. Black Friday procuring can result in significant personal savings if you know how to do it ideal. Verify out these six recommendations.

1. Glance at Black Friday flyers and evaluate charges

Ahead of Black Friday, you can want to glimpse at gross sales flyers. Most merchants place out digital and paper advertisements well prior to the searching day to enable people prepare. As you seem at the promotions, consider take note of the best charges. Quite a few individuals will have the same or quite equivalent prices on huge-ticket objects. But you could uncover a retailer is supplying the exact same product for somewhat less. Getting the time to assess profits flyers and merchandise costs will assist you appear up with a Black Friday shopping approach and preserve revenue.

2. Signal up for e-mail newsletters

If you have a distinct shop in thoughts for your shopping requirements, signal up for its email publication if you have not presently carried out so. You can generally unsubscribe soon after Black Friday if you locate you might be acquiring too a lot of promotional email messages. Some stores will offer you more coupon codes in these emails, or they will announce that they are extending some of their product sales further than Black Friday. You may perhaps be able to preserve additional cash with the data you come across in these email messages.

3. Check out every single store’s price-matching procedures

Some of the larger suppliers present price tag matching. That implies if a competitor is featuring a improved rate for the similar product or service, they will match that lower rate. Before Black Friday, familiarize you with selling price-matching regulations at your favored shops.

Bear in mind, this usually has to be the exact merchandise, which includes sizing and product, for the rate-match provide to use. Having gain of a price tag-match policy can allow you to shop with your favored retailer and nevertheless get the very best offer.

When purchasing on line, promo codes and coupon codes can support you devote significantly less money. These codes generally provide a set greenback sum or a percentage off your invoice for qualifying buys.

You can obtain these codes in email newsletters, social media posts, and on coupon code sites. Verify to see if any of your favorite suppliers have active coupon codes readily available, and be sure to test the codes just before examining out on Black Friday. Some products may not qualify for supplemental coupon codes to be employed owing to the store’s promotional phrases. But sometimes you can use these codes to help save even far more.

Utilizing outdated-fashioned paper discount codes in-shop can assist you save, as well. Some retailers mail these out, or you might come across these coupon codes in profits flyers. Preserve an eye out for them.

5. Use money back applications and browser extensions

Money again apps are an fantastic way to conserve funds. Above time, these cost savings can accumulate, and you can then deposit the hard cash back acquired again into your checking account. Choose a appear at the finest money again apps to find out extra about how to help save revenue on your up coming procuring vacation.

I will not know about you, but I want to do my searching on my desktop. That might officially qualify me as old, but it is accurate. If you like to do your on the internet searching on your laptop or desktop laptop, the great news is you can use browser extensions to help you save money. Rakuten is one case in point of a stable browser extension that can enable you help you save revenue on your procuring monthly bill.

6. Shell out with a rewards credit rating card to make benefits factors

Spending with benefits credit rating playing cards is a further sensible idea. These credit cards reward you for frequent paying. You can accumulate details and redeem them for journey, reward playing cards, or hard cash back. If you pay with credit history cards regularly but never nonetheless have a rewards credit history card, you might be lacking out on special credit rating card benefits and benefits. Get a glimpse at the greatest rewards credit history cards for inspiration.

These are some of the ways you can improve your Black Friday price savings. Make confident you have a approach for what you prepare to obtain and how substantially you program to spend. You really should never risk going into credit rating card debt to get a wonderful offer. In its place, invest in only what you can pay for to pay back off in entire. Test out our personalized finance sources for more revenue-saving assistance and monetary ideas.